Apple will pay billions for Gemini after OpenAI declined
Apple's multi-billion dollar deal with Google will use Gemini AI models to power Siri on Apple's Private Cloud, reflecting a strategic choice over expanding AI infrastructure.
3 Articles
3 Articles
Apple's Google Gemini Deal Could Be Worth $5 Billion
Apple's newly announced partnership with Google to use Gemini models for Siri and Apple Intelligence could be worth as much as $5 billion, according to one analyst's estimate. The deal is structured as a cloud computing contract that will see Apple pay "several billion dollars to Google over time," according to the Financial Times (paywalled), citing a person familiar with the agreement. Gene Munster at Deepwater Asset Management puts the value …
$5 Billion for Siri: The Massive Price of the Apple-Google AI Deal
The AI landscape just witnessed a major financial shift as Apple officially brings Google Gemini into its inner circle. While Apple has always preferred to build its own technology, a new partnership suggests that even the world’s most valuable company occasionally needs a helping hand. Now, a report by Financial Times reveals this deal could be worth up to $5 billion for Google. This deal primarily serves as a boost for Siri and the broader App…
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